{"title":"Effects of high-speed rail on intercity travels, utility and social welfare in urban agglomerations: A game-theoretic perspective","authors":"Han Wang, Hai-Jun Huang","doi":"10.1016/j.tre.2024.103800","DOIUrl":null,"url":null,"abstract":"<div><div>This paper investigates the effects of newly built high-speed rail on urban performances in terms of intercity travels, utility and social welfare by extending the two-city system into a representative urban agglomeration system consisting of a hub city and two peripheral cities. A framework based on the Cournot model with three interacted games is developed to characterize competitions among HSR operators in the system. Introducing HSR between peripheral cities decentralizes the intercity travel demands from the hub city to peripheral cities, and it does not always induce more that for the urban agglomeration. We find that “weight” on social welfare, substitutability, gross benefits ratio, HSR accessibility and frequency would differentially impact the hub and peripheral cities. Numerical examples and a case study incorporating all factors based on Central Plains Urban Agglomeration in China are conducted to illustrate the model, together with some policy implications.</div></div>","PeriodicalId":49418,"journal":{"name":"Transportation Research Part E-Logistics and Transportation Review","volume":null,"pages":null},"PeriodicalIF":8.3000,"publicationDate":"2024-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Transportation Research Part E-Logistics and Transportation Review","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1366554524003910","RegionNum":1,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This paper investigates the effects of newly built high-speed rail on urban performances in terms of intercity travels, utility and social welfare by extending the two-city system into a representative urban agglomeration system consisting of a hub city and two peripheral cities. A framework based on the Cournot model with three interacted games is developed to characterize competitions among HSR operators in the system. Introducing HSR between peripheral cities decentralizes the intercity travel demands from the hub city to peripheral cities, and it does not always induce more that for the urban agglomeration. We find that “weight” on social welfare, substitutability, gross benefits ratio, HSR accessibility and frequency would differentially impact the hub and peripheral cities. Numerical examples and a case study incorporating all factors based on Central Plains Urban Agglomeration in China are conducted to illustrate the model, together with some policy implications.
期刊介绍:
Transportation Research Part E: Logistics and Transportation Review is a reputable journal that publishes high-quality articles covering a wide range of topics in the field of logistics and transportation research. The journal welcomes submissions on various subjects, including transport economics, transport infrastructure and investment appraisal, evaluation of public policies related to transportation, empirical and analytical studies of logistics management practices and performance, logistics and operations models, and logistics and supply chain management.
Part E aims to provide informative and well-researched articles that contribute to the understanding and advancement of the field. The content of the journal is complementary to other prestigious journals in transportation research, such as Transportation Research Part A: Policy and Practice, Part B: Methodological, Part C: Emerging Technologies, Part D: Transport and Environment, and Part F: Traffic Psychology and Behaviour. Together, these journals form a comprehensive and cohesive reference for current research in transportation science.